Africa-Press – Angola. The Private Investment and Export Promotion Agency (AIPEX) signed, yesterday, in Luanda, with national and international investors, five investment intentions valued at 439.4 million dollars, for the Agriculture, Civil Construction, Fisheries and Transport sectors.The five investment projects will facilitate the creation of 1,495 new jobs, of which 1,430 will be for nationals and 65 for expatriates.
The Luanda Terminal Project, valued at over US$257 million, with a private mixed capital investment from the United Arab Emirates and the Government of Angola, aims to rehabilitate and modernize the Multipurpose Terminal at the Port of Luanda.
With its implementation, the Luanda Port Multipurpose Terminal project will create 96 jobs, of which more than 85 jobs will be held by nationals.
AIPEX also signed an investment project budgeted at 60 million dollars to increase chicken production and slaughter in the country, in the province of Icolo and Bengo. The project is from Safcomex Investment Group, which already operates in the Angolan market in egg production.
For the province of Benguela, an investment budgeted at more than 49 million dollars was signed, with Salina-AMT Trading, to increase salt production rates, with the expectation of creating 640 jobs.
AIPEX signed an investment contract with the MCA Angola Sustainability (SU) group, valued at US$40 million, for the construction of roads and bridges. The project will be implemented in the province of Luanda, has an investment of US$40 million and is expected to create 120 jobs.
The AD Ports Group signed an investment with AIPEX valued at 31.5 million dollars, for the execution of the Unicargas Noatum Angola Logística e Serviços Transitários Project, which will improve the provision of logistics, road transport and freight forwarding services.
Bet on the market
The representative of Group AD Ports, Rui Chumbo, guaranteed that the Multipurpose Terminal Project of the Port of Luanda will be implemented in the first quarter of 2025, with an execution period of 18 months.
In turn, the deputy general manager of Safcomex Investment Group Lda, Fares Sebaiti, highlighted that the company will continue with existing projects, with an emphasis on the production of broiler chicken.
“The goal is to produce at least 30 thousand francs of cut per day, a goal that could increase”, he stressed regarding the production site, three areas are being prepared, one with 200 hectares, another with 50 hectares, and the third an area of 18 hectares.
Private sector invests in the national market
The president of the Angolan Private Investment and Export Promotion Agency (AIPEX), Arlindo das Chagas Rangel, stressed that national and foreign investors continue to believe in the Angolan market, as well as reinvesting their dividends and capital.
“We are aware that intentions are still not enough, hence the importance of continuing to work on this long journey that lies ahead, within the scope of the country’s economic diversification”, he stressed, highlighting that the Private Investment Law gives investors the freedom to invest the dividends that come from their activity.
The Minister of Public Works, Urbanism and Housing, Carlos Gregório dos Santos, who witnessed the signing of the investment contracts, highlighted that the Executive has been investing in major infrastructures, such as roads, ports, railways and others.
“The time has come for the private sector to do its part, with the implementation of reliable projects for the country’s economic development,” he said.
The Secretary of State for Forests, João Manuel Cunha, highlighted that the signing of the investment agreements, AIPEX, provides further proof that the national private sector has given positive signs that are contributing to the increase in the supply of goods and services in the internal market.
“We are satisfied and hope that more initiatives of this kind will happen more frequently so that we can increase our internal production, because the country has the conditions to do so, hence the Government’s intention to encourage the private sector for this major investment”, stressed João Manuel Cunha, having highlighted that, regarding egg production, the country has stopped importing.
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